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ComEd to pay $200M to end investigation into bribery scheme with IL House Speaker

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From the Sun-Times Friday morning, this breaking news: 

ComEd will pay $200 million to end a federal criminal investigation into a years-long bribery scheme, the U.S. Attorney’s office announced Friday.

In doing so, it is admitting it arranged jobs, subcontracts and pay-offs for associates of “a high-level elected official for the state of Illinois.” That person is identified as “Public Official A” in a court filing and “Speaker of the House of Representatives,” without mentioning Michael Madigan by name.

“Public Official A controlled what measures were called for a vote in the Illinois House of Representatives and exerted substantial influence over fellow lawmakers concerning legislation affecting ComEd,” the U.S. Attorney’s office said in a news release.

ComEd is resolving the investigation through a deferred prosecution agreement that will include the $200 million fine, according to the feds.

Read the rest HERE. More to come …

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4 COMMENTS

  1. Because the weak ilgop leadership refuse to put up Challenges to him and put forth RINO candidates who are more liberal than the Democrats. Time for reform and change in leadership in the hospital lgop. They continue to fail us.